Le Hoang Quan, chairman of HCM City People's Committee, said at a conference held in the city on housing development that programmes play an important role in ensuring sustainable socio-economic development.
Quan said that for the next five years, the city would focus on building both social houses – which are sold at subsidised prices – and affordable houses at market prices. HCM City has targeted to build nearly 17,000 additional apartments for the poor and people with low income by 2015.
Of this, 10,000 apartments will be built and sold to people with low income and 6,896 apartments for poor people, including Government officials, manual workers, students and others.
The city will also build and repair 65 downgraded apartment buildings with 7,242 apartments.
It will implement 14 additional projects with 6,562 apartments for Government officials.
The total construction area for building apartments for low-income people has been fixed at 1.4 million square metres while 600,000sq.m has been allotted for students.
From 2006-10, a total area of 1,358,000sq.m was used to build houses or apartments for unskilled manual workers, according to HCM City People's Committee.
Five projects to build dormitories on areas of 612,000sq.m for university students are being been developed and will be finished by next year, accommodating 67,000 students.
HCM City also plans to develop 132 resettlement projects with the cooperation of 33,568 companies or agencies. These projects will turn out 22,472 apartments and 11,095 plots of land.
The city will also build more hospitals, schools, and markets in resettlement areas, Quan said.
Nguyen Van Hong, deputy director of the city's Department of Natural Resources and Environment, asked the city to encourage and create favourable conditions for businesses to invest in housing products and ensure the market has enough supply.
HCM City plans to increase the per capita housing area, the conference heard. — VNS
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